Affiliate News

The latest affiliate news for the gambling industry

Better Collective upgrades 2022 landing as US business hits +$100m mark

SBC News Better Collective upgrades 2022 landing as US business hits +$100m mark

Better Collective AS has upgraded its full-year 2022 guidance as the business hits its primary target of generating $100m from US activities. Publishing a Q4 trading update, the Stockholm-listed media publisher registered group revenues of €86m (+63%). Headline growth mirrors the continued expansion of Better Collective’s US media network, which generated Q4 revenues of €34m (+71%). Period growth reflected “a …

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Andrew Grimshaw pursuing transatlantic success at Checkd Dev

Andrew Grimshaw, Business Development Director for UK & Europe at FSB

Former FSB business development lead Andrew Grimshaw has been appointed by Checkd Group as the new Commercial Director of its Checkd Dev division. Grimshaw has been tasked with driving growth in both European and North American markets, particularly the latter, where Checkd Dev has been developing tech solutions for the wider group’s FlashPick brands, which have gone live in markets …

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Soft2Bet streamlines affiliate management with ReferOn launch

MioMedia and ReferOn partner up for affiliate success

Soft2Bet has extended its reach into the affiliate management space with the launch of a new brand, ReferOn. The new affiliate management system will enable companies to “manage large networks” of affiliates, with reporting “on numerous levels” giving users the ability to gain “full control over their data”. Soft2Bet shared that reporting and grouping variations can be calculated according to …

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Planet Sport expands portfolio with Tipstrr takeover

Planet Sport acquires Tipstrr

Planet Sport has moved to bolster its betting content proposition, acquiring tip platform Tipstrr, which will be integrated into its wider portfolio of sites. The Leeds-based company aims to develop ‘strong betting content and data product’ via the takeover, whilst also gaining access to Tipstrr’s active user base and sports betting tipsters and an opportunity to showcase its betting partners …

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Better Collective confirms small-scale Catena Media shareholding

Better Collective purchases majority share in Mindway AI

Sports betting media group Better Collective has announced a new investment, confirming that it has acquired a 5% stake in main rival Catena Media Plc. Better Collective stated it has informed Stockholm-listed Catena of the new shareholding, adding that it “is satisfied with the position and will not comment any further on the matter.” The news comes just a few …

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GiG to ‘broaden and diversify’ as AskGamblers acquisition completed

SBC News GiG to ‘broaden and diversify’ as AskGamblers acquisition completed

Gaming Innovation Group (GiG) has lauded a diversification of its offering and expansion of geographic reach by finalising its acquisition of AskGamblers.com. An agreement was reached by the B2B betting and gaming supplier to purchase the affiliate network from Catena Media for €45m in December 2022, as the latter sought to streamline its focus on North America.  GiG will integrate …

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City Bet Club projects ‘pessimistic outlook’ for Q4 despite ‘bookie friendly’ World Cup

BetGames: ‘the stars have aligned’ for Africa’s World Cup betting experience

A wave of turbulence is expected for the UK betting sector as firms prepare their Q4 trading reports with the Gambling Act review White Paper on the horizon, according to City Bet Club. The tipster service anticipates that despite the ‘bookie friendly’ turnover of the World Cup in November and December, high marketing costs associated with the tournament will negatively …

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Catena warns of costly Q4 Euro asset writedowns

Catena Media

Catena Media has warned investors of a reduction in Q4 operating profits due to impairments related to write-downs and restructuring measures of its European media portfolio.    Publishing a Q4 2022 preliminary update, Catena underlined continued strong US trading, as its North American assets achieved revenues of €21.5m, reflecting a 31% increase on corresponding results of €16.4m. Having reduced the size …

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Ringier Sports debuts Sportal in Greece

SBC News Ringier Sports debuts Sportal in Greece

Ringier Sports Media Group (RSMG) continues to expand its European sports betting presence launching its flagship Sportal domain in Greece. Recognised as the leading sports portal in the Balkans and Central Europe, the launch of Sportal.gr will provide Greek audiences with the most comprehensive news, live scores and analysis of sports coverage and betting markets. Greece becomes the sixth European …

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Catena settles definitive terms on Stockholm share buyback programme 

SBC News Catena settles definitive terms on Stockholm share buyback programme 

The board of Catena Media Plc has resolved the terms of its share buyback programme on the Nasdaq Stockholm, a transaction that was originally disclosed to investors on 23 May 2022.  The programme was launched by Catena governance as it is in the company’s interest to “reduce share capital through subsequent cancellation of repurchased shares”. Investors were notified that Catena …

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